Even with a very thorough referencing process it is impossible to predict if a tenant will cease to pay their rent because of sudden unexpected redundancy, illness, divorce or some other serious circumstances which may unfold, especially with the unstable job market we're currently experiencing and the uncertainty surrounding our departure from the EU. Lauristons can greatly reduce this risk by providing you with a comprehensive Rent Guarantee which also includes Legal Expenses cover.

The Rent Guarantee element of this insurance policy is very simple — if the tenant fails to pay their rent for any reason then the insurance policy will pay you the rent instead.

The Legal Expenses element of the policy provides additional cover in that, in the event of a tenant refusing to leave a property, it covers all of the legal costs associated with formally evicting them.

Insurance requirements

All of the tenants are comprehensively referenced by Lauristons chosen referencing agency
Rental payments must be taken in advance
The deposit must be registered correctly
The correct notices must have been served on the tenants to obtain possession
Rent payment records must be recorded
A claim must be registered within 60 days of missed payment
The tenancy must start within 60 days of the tenants being referenced
If the tenancy started more than 14 days before the policy start date then no claim may be made in during the first 90 days

Rent protection & legal insurance for landlords

Protect and secure your investment - Guarantee your rental income

Key points

Insurance requirements

Useful information for landlords